[HN Gopher] Peter Thiel sells off all Nvidia stock, stirring bub...
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Peter Thiel sells off all Nvidia stock, stirring bubble fears
Author : hypeatei
Score : 108 points
Date : 2025-11-16 21:19 UTC (1 hours ago)
(HTM) web link (www.thestreet.com)
(TXT) w3m dump (www.thestreet.com)
| FrankWilhoit wrote:
| When someone like this does something like this, it is not an
| economic act. It is a signal of some kind, a move in an opaque
| chess game, whose players are nowhere near as smart as they think
| they are.
| bamboozled wrote:
| So not 4d chess ?
| zafarrancho wrote:
| Interesting. Do you have any examples?
| scrps wrote:
| I always thought the opposite was true like whales breaking up
| orders for various reasons like not moving the market too much
| over things like portfolio adjustments, secrecy, etc?
| ralfd wrote:
| I guess his fund did obfuscate the selling, or the selloff
| would have been known before the legally required disclosure.
| BurningFrog wrote:
| "Someone like this" leaves a _ton_ to the reader 's
| imagination.
| xenospn wrote:
| Perhaps looking for a new ivory back scratcher?
| kotaKat wrote:
| Palantir is looking to buy the American Red Cross, for... other
| reasons.
| spacecadet wrote:
| lol he is literally Bob Page from Deus Ex... taking over
| "fema" and all.
| buybuybuy wrote:
| Should we all buy stock in Nvidia now? It's not like Peter Thiel
| is Warren Buffet or anything. And Warren Buffett is buying
| Alphabet.
| surgical_fire wrote:
| Yes, you should. Every grift needs bagholders.
| TheAlchemist wrote:
| Warren Buffett is buying Alphabet out of neceessity - he
| already sold most of what he could sell and has way too much
| cash on hand - he just need to buy 'something' - Alphabet seems
| like the least overvalued big stock out there.
| scarmig wrote:
| Is he required to buy stock? AFAIK he could just as well hold
| cash or bonds, and if he believes a bubble pop is imminent
| (within the next couple months), that would be a responsible
| move.
| pojzon wrote:
| Thing is, people dont know what will happen if this bubble
| bursts.
|
| Its so big that it could take with it whole global market.
|
| There is no safe asset you can turn into in such a case,
| digital money would literally mean nothing when whole
| financial system collapses.
| ncruces wrote:
| Whose cash or bonds? USD?
| Deegy wrote:
| Not required of course. This move to finally move some of
| his cash horde into equities could be a result of the US
| governments recent announcement that they're ending their
| quantitative tightening policy. This likely signals a move
| back to a period of quantitative easing which could cause
| assets to continue to inflate while the value of the dollar
| continues to erode.
|
| Basically he could just be trying to protect the value of
| his dollars by putting them into a very stable company that
| also has exposure to the upside of AI.
| andy99 wrote:
| Probably a stupid question, why not buy something like
| CHF then, if one is concerned about eroding dollar value?
| Is the thesis that blue chips (if google is one) would
| rise faster than USD is devalued?
| redwood wrote:
| Having heartburn after making a $100M bet on hucksters?
|
| https://www.wsj.com/tech/peter-thiel-backed-startup-secures-...
| hactually wrote:
| I'd say he's wanting to lock in those gains. Diamond hands are
| different when you're up 100s of millions on a single stock.
| dmix wrote:
| Yeah everyone wants a conspiracy when the obvious signal is
| that he already made insane amounts of money off the stock
| spiking so high and he wants to diversify it on other stuff
| instead of continuing to gamble on a big one. Which is also
| what the article says he is doing.
| standardUser wrote:
| Maybe it means something if it's insider trading, but otherwise
| I'm not taking advice from a man who is clearly haunted by some
| political obsession and willing to act against his own financial
| interest in pursuit of it.
| toxicdevil wrote:
| > Over 537,000 shares, which represent nearly 40% of the entire
| portfolio
|
| @190/share this is $102 million
|
| Also: > Vistra Energy, another 19% chunk, was wiped out as well.
|
| > Moreover, the fund's turnover hovered over 80%, leaving just
| three holdings: Tesla, Microsoft, and Apple.
|
| Some would argue that tesla is a bigger bubble.
|
| > his personal net worth is an eye-popping $16.3 billion as of
| 2025.
| pinkmuffinere wrote:
| Ya Im shocked he continues to hold Tesla...
| maratc wrote:
| https://en.wikipedia.org/wiki/PayPal_Mafia
| bookofjoe wrote:
| PayPal mafia be tight
| seizethecheese wrote:
| He has said on multiple occasions to never bet against Elon
| (though that's different than betting on him).
| mondrian wrote:
| So this 'portfolio' is <200M on a net worth of 16B? This is
| like someone worth 1M selling $600 worth of stock.
| awestroke wrote:
| Probably wants more liquidity to funnel into the pain and
| suffering industry
| jameslk wrote:
| No need to guess, the article literally states where the money
| went:
|
| > That's why Thiel rotated into Microsoft and Apple, tech
| giants with more diversified revenue streams, cloud scale,
| devices, and software.
| jameslk wrote:
| > That's why Thiel rotated into Microsoft and Apple, tech giants
| with more diversified revenue streams, cloud scale, devices, and
| software.
|
| These are supposed to be a hedge against a presumed AI bubble?
| Seems half hearted at best
| pinkmuffinere wrote:
| He is diversifying away from a pure AI play. The amount of
| diversification is relatively low, so he probably still
| believes in AI, just feels it is slightly overhyped.
|
| Personally I agree it's too small of a move, but different
| people have different beliefs and different tolerance for risk.
| ytrt54e wrote:
| Paperwork filed after market closed on Friday... some might take
| it as a bad omen, but Nvidia is showing as up 1/2% after hours.
| adrianco wrote:
| It's a bubble. Buy low and sell high. Right now, holding cash is
| the safe option. You can predict that the bubble will burst, but
| not when. However with the US being run by someone who is poking
| everything with sharp implements I think it bursts sooner.
| jameslk wrote:
| Cash is just another asset class, and since becoming a pure
| fiat it's never been a good one:
| https://fred.stlouisfed.org/series/CPIAUCSL
|
| Given the fiscal dominance we're in now that pretty much
| guarantees higher rates of inflation in the future, I think
| there's much better places to place your money if you want to
| diversify. At least cash equivalents would be better
| mondrian wrote:
| The parent comment is probably just talking about temporarily
| timing the bubble pop.
| simianwords wrote:
| How are you so sure it is a bubble?
| Animats wrote:
| One to zero, here we come?
| rvz wrote:
| We are 1 day before the year 2000.
| iammjm wrote:
| Peter Thiel the guy that believes that the literal biblical
| antichrist is walking amongst us? How much rational thought can
| one really expect from this guy? I am not questioning AI being a
| good investment or not, I am questioning this dude's sanity
| jamesblonde wrote:
| He's scarily sane. I am not joking when I say he invented the
| anti-christ thing as a way to entrench the billionaire class.
| He's basically saying the anti-christ will be somebody who want
| to solve the world's problems through collective action. So
| collective action is bad. We are in such an unbalanced world,
| that that is the best argument he can come up with for why we
| should allow such wealth inequality in society.
| fullshark wrote:
| Yeah it's funny when you read his antichrist ramblings, it's
| essentially the antichrist will come in the form of a leader
| arguing for wealth redistribution via collective action. This
| is what instills sheer terror in the billionaire class.
| EarlKing wrote:
| Then how about SoftBank[1]... are they irrational? Or Michael
| Burry[2] who shorted Nvidia and Palantir before concluding the
| market is once against being irrational and selling his
| positions and closing his hedge fund... is he irrational?
|
| The people in a position to know are telling you something:
| This is a Bubble, and they're getting the hell out while
| they're ahead. You should do the same.
|
| --
|
| [1] https://www.cnbc.com/2025/11/11/softbank-sells-its-entire-
| st...
|
| [2] https://finance.yahoo.com/news/big-shot-michael-burrys-
| ai-14...
| thrwaway55 wrote:
| Burry was underwater on that trade though and likely did it
| to avoid some paperwork revealing positions. He folded
| because he can't time it, if he was confident he was right he
| wouldn't have folded and we'd have another movie about him.
| rafale wrote:
| Did he close his position or just shutdown the fund?
| jasonlotito wrote:
| Softbank sold all of Nvidia in 2019. Look how that turned out
| for them.
|
| > SoftBank's Vision Fund was an early backer of Nvidia,
| reportedly amassing a $4 billion stake in 2017 before selling
| all of its holdings in January 2019. Despite its latest sale,
| SoftBank's business interests remain heavily intertwined with
| Nvidia's.
|
| Further, ''[SoftBank] made a point of saying that it wasn't
| any view on NVIDIA. ... At the end of the day, they are using
| the money to invest in other AI related companies," he said.
|
| Make of that what you will, but asking "are they irrational?"
| needs to answer with more than just "Softbank sold all of
| Nvidia again."
|
| Both of these come from the link you provided.
| dyauspitr wrote:
| He's just saying that because the base is retarded and will
| fall for it. He's more of a traditionally evil charlatan, not
| dumb though.
| gooseus wrote:
| When it comes to his Antichrist schtick I say "takes one to
| know one".
|
| Also, Thiel seems like the sort of guy with the money and
| connections to pop the AI bubble whenever he believes it'd be
| advantageous, whether that is the product of a rational mind
| seems to be beside the point.
| rwmj wrote:
| Every accusation is a confession.
| jsunderland323 wrote:
| > seems like the sort of guy with the money and connections
| to pop the AI bubble
|
| ...and has been known to cause bank runs
| rvz wrote:
| The best explaination is that Thiel, Softbank and Huang are
| selling before a risky Nvidia earnings release that could
| result in an indication that the AI boom is going to collapse.
| AstroBen wrote:
| Is there an opposite to the halo effect? Stupidity in one area
| doesn't mean they're stupid in another
|
| Judge him based on his investing skill here
| trial3 wrote:
| well, fittingly, there's the devil horns effect
| andy_ppp wrote:
| Startup investing and stock market investment records are
| probably not particularly well correlated. Certainly timing
| the market is difficult for everyone.
| BurningFrog wrote:
| I expect continued economic performance from a guy who went
| from nothing to... $25B was the latest number I heard.
|
| Empirically, I don't think Christians do worse investments than
| us atheists, so rationally speaking I don't think it's much of
| a factor.
| advael wrote:
| "From nothing" is a fairly suspect claim, but your overall
| point is a good one
| simianwords wrote:
| No he doesn't believe that the literal biblical Antichrist is
| walking amongst us. Uncharitable take
| more_corn wrote:
| Pretty sure he said exactly that. If you think the quote is
| taken out of context feel free to add that here.
| ajross wrote:
| The news is that a whale is dumping, not that the whale is
| making a rational decision. We all know the market isn't
| rational in the short term, merely efficient in the long term.
| And we all suspect (as does Thiel!) that NVDA is unsustainably
| priced.
|
| So if the whale is dumping, maybe smaller investors will dump
| too. Maybe we should too.
| pessimizer wrote:
| It's so bizarre how a gay billionaire helping build artificial
| intelligence, owning a surveillance empire, and basically
| trying to put the mark of the beast on everyone is also yelling
| about the antichrist. If you were a bible-believing Christian,
| you'd think he was a top 5 candidate.
|
| Mentioning the antichrist would probably move him up to at
| least top 3. Isn't the antichrist supposed to pretend he's
| fighting the antichrist in modern popular
| Pentacostal/Charismatic eschatology?
| jameslk wrote:
| https://paulgraham.com/disagree.html
| markus_zhang wrote:
| I mean if I were a Christian I wouldn't be surprised that the
| anti Christ is among us. The only difficulty is to pick which
| one of them is.
|
| But I'm an atheist so I don't care about it.
| aestetix wrote:
| It's because he knows about the Antichrist.
| mattas wrote:
| The market can stay irrational longer than even Peter Thiel can
| stay solvent.
| sien wrote:
| Thiel is worth 25 Bn according to some sources, 16 Bn according
| the article.
|
| In this case surely there will be an AI correction before Thiel
| runs out of money.
| throwacct wrote:
| I mean, he bought low and now he's selling when the stock is
| high. What else can we expect?
| ck2 wrote:
| google Peter Thiel and Rockbridge and be afraid, it makes
| Project2025 pale in comparison
|
| (starting point for the lazy https://authoritarian-stack.info )
| adabyron wrote:
| What's interesting is that Thiel added MSFT but the Gates
| Foundation just reduced it by almost 2/3 and it was their biggest
| holding - https://hedgefollow.com/funds/Gates+Foundation+Trust
| gnarlouse wrote:
| Peter Thiel is in the epstein files.
| ggm wrote:
| He's seen a better investment opportunity and is maximising his
| profit to target it.
|
| I think this says less about Nvidia than people think. What
| interests me is what he will put in to? What kind of investment
| is he targetting?
|
| Pet sitting service for after the uplift to heaven has a low ROI.
| I don't think his eschatology informs his money sense.
| srameshc wrote:
| Could it all be triggered by the study : Gartner Says Agentic AI
| Supply Exceeds Demand, Market Correction Looms ?
|
| https://www.gartner.com/en/newsroom/press-releases/2025-10-0...
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